Wilkins Miller Wealth Management LLC bought a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,057 shares of the conglomerate's stock, valued at approximately $390,000.
Other hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC raised its position in Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC grew its position in shares of Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after buying an additional 29 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after buying an additional 78 shares in the last quarter. UMB Bank n.a. grew its position in shares of Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after buying an additional 67 shares in the last quarter. Finally, Quarry LP grew its position in shares of Carlisle Companies by 39.8% during the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after buying an additional 53 shares in the last quarter. Institutional investors own 89.52% of the company's stock.
Carlisle Companies Stock Down 0.2%
Carlisle Companies stock traded down $0.68 during mid-day trading on Thursday, reaching $387.44. 232,760 shares of the company were exchanged, compared to its average volume of 393,230. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The business has a fifty day moving average of $366.80 and a 200 day moving average of $378.95. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm has a market cap of $16.76 billion, a P/E ratio of 14.02, a PEG ratio of 1.03 and a beta of 1.07.
Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating the consensus estimate of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $3.72 EPS. The business's revenue for the quarter was down .1% compared to the same quarter last year. Research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.
Carlisle Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.03%. Carlisle Companies's dividend payout ratio is presently 14.89%.
Analyst Ratings Changes
CSL has been the topic of a number of recent research reports. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Truist Financial lowered their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Finally, Robert W. Baird upped their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies presently has an average rating of "Moderate Buy" and an average price target of $454.00.
Read Our Latest Stock Analysis on Carlisle Companies
Carlisle Companies Company Profile
(
Free Report)
Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.
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